Raymond James Financial Inc. Takes $1.36 Million Position in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF)

Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 18,824 shares of the company’s stock, valued at approximately $1,362,000. Raymond James Financial Inc. owned approximately 0.44% of Invesco S&P 500 Equal Weight Financials ETF at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 221.9% during the fourth quarter. Jones Financial Companies Lllp now owns 6,849 shares of the company’s stock valued at $496,000 after acquiring an additional 4,721 shares in the last quarter. Truist Financial Corp bought a new stake in Invesco S&P 500 Equal Weight Financials ETF during the 4th quarter valued at $591,000. Bank of Montreal Can raised its holdings in Invesco S&P 500 Equal Weight Financials ETF by 89.2% during the fourth quarter. Bank of Montreal Can now owns 1,050 shares of the company’s stock worth $76,000 after buying an additional 495 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 12.8% in the fourth quarter. LPL Financial LLC now owns 128,258 shares of the company’s stock valued at $9,282,000 after buying an additional 14,602 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 1.9% during the fourth quarter. Wells Fargo & Company MN now owns 36,375 shares of the company’s stock valued at $2,632,000 after buying an additional 693 shares during the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Price Performance

NYSEARCA:RSPF opened at $71.18 on Friday. Invesco S&P 500 Equal Weight Financials ETF has a one year low of $59.79 and a one year high of $78.43. The company has a market cap of $303.23 million, a PE ratio of 15.58 and a beta of 0.96. The firm has a 50-day moving average of $70.08 and a 200-day moving average of $72.78.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

The Invesco S&P 500 Equal Weight Financials ETF (RSPF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RSPF was launched on Nov 1, 2006 and is managed by Invesco.